EPS for Mack-Cali Realty Corporation (CLI) Expected At $0.54

February 14, 2018 - By Peter Erickson

 EPS for Mack Cali Realty Corporation (CLI) Expected At $0.54
Investors sentiment increased to 1.5 in 2017 Q3. Its up 0.21, from 1.29 in 2017Q2. It increased, as 16 investors sold Mack-Cali Realty Corporation shares while 52 reduced holdings. 25 funds opened positions while 77 raised stakes. 87.38 million shares or 0.53% more from 86.91 million shares in 2017Q2 were reported.
Ameriprise Financial holds 0.03% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI) for 2.32M shares. 201,976 are owned by Ubs Asset Management Americas. 28,257 are owned by First Advsrs Lp. Nomura Asset Management Limited holds 53,470 shares. Schroder Inv Management holds 11,025 shares or 0% of its portfolio. Utah Retirement, Utah-based fund reported 10,307 shares. Whittier Comm Of Nevada stated it has 0% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI). Natl Bank Of New York Mellon has 5.55 million shares. Alpine Woods Cap Invsts Ltd Liability Corporation reported 15,000 shares. California Public Employees Retirement holds 0.01% in Mack-Cali Realty Corporation (NYSE:CLI) or 258,955 shares. The Texas-based Hbk Invests Lp has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Kempen Capital Mgmt Nv holds 0.12% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI) for 67,762 shares. Arizona State Retirement Systems accumulated 50,875 shares. 55,000 are owned by State Of New Jersey Common Pension Fund D. New York-based D E Shaw & has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI).

Analysts expect Mack-Cali Realty Corporation (NYSE:CLI) to report $0.54 EPS on February, 27.They anticipate $0.02 EPS change or 3.57 % from last quarter’s $0.56 EPS. CLI’s profit would be $54.20M giving it 8.59 P/E if the $0.54 EPS is correct. After having $0.57 EPS previously, Mack-Cali Realty Corporation’s analysts see -5.26 % EPS growth. The stock decreased 0.86% or $0.16 during the last trading session, reaching $18.55. About 580,779 shares traded. Mack-Cali Realty Corporation (NYSE:CLI) has risen 9.23% since February 14, 2017 and is uptrending. It has underperformed by 7.47% the S&P500.

Mack-Cali Realty Corporation (NYSE:CLI) Ratings Coverage

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. Mack Cali Realty Corp had 35 analyst reports since August 14, 2015 according to SRatingsIntel. As per Friday, December 9, the company rating was downgraded by Citigroup. Zacks upgraded it to “Hold” rating and $23 target in Monday, August 17 report. The stock has “Neutral” rating by Citigroup on Thursday, September 21. The firm earned “Hold” rating on Monday, July 18 by Deutsche Bank. As per Monday, August 24, the company rating was upgraded by Zacks. The company was upgraded on Friday, September 11 by Citigroup. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, March 30. The firm earned “Hold” rating on Monday, May 16 by Deutsche Bank. The firm has “Neutral” rating given on Thursday, December 17 by JP Morgan. On Tuesday, January 30 the stock rating was maintained by Barclays Capital with “Underweight”.

One of the country's leading Real Estate Investment Trusts , Mack-Cali Realty Corporation is an owner, manager and developer of premier office and multifamily properties in select waterfront and transit-oriented markets throughout the Northeast. The company has market cap of $1.86 billion. Mack-Cali is headquartered in Jersey City, New Jersey, and is the visionary behind the city's flourishing waterfront, where the firm is leading development, improvement and place-making initiatives for Harborside, a master-planned destination comprised of class A office, luxury apartments, diverse retail and restaurants, and public spaces. It has a 81 P/E ratio. A fully-integrated and self-managed company, Mack-Cali has provided world-class management, leasing, and development services throughout New Jersey and the surrounding region for two decades.

More notable recent Mack-Cali Realty Corporation (NYSE:CLI) news were published by: Prnewswire.com which released: “Mack-Cali Announces $50-Million Capital Improvement Initiative For Suburban …” on October 24, 2017, also Prnewswire.com with their article: “Mack-Cali Strengthens Executive Management Team” published on January 29, 2018, Prnewswire.com published: “Mack-Cali Realty Corporation Declares Quarterly Cash Dividend” on August 30, 2017. More interesting news about Mack-Cali Realty Corporation (NYSE:CLI) were released by: Nasdaq.com and their article: “Mack-Cali Realty Corporation (CLI) Ex-Dividend Date Scheduled for October 02, 2017” published on September 29, 2017 as well as Finance.Yahoo.com‘s news article titled: “Mack-Cali Realty Corporation (NYSE:CLI): What You Have To Know Before Buying …” with publication date: December 29, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.